Lenihan banks on wishful thinking, bank crisis piles on the pressure
IRELAND: Minister of
Finance Brian Lenihan claimed last night that the economy hasn’t stalled and
that in spite of a lot of evidence to the contrary it has stabilised. Economic
indicators which had appeared to indicate some economic growth now seem to have
fizzled out. Given Lenihan’s track record it’s no surprise that many will be
sceptical about his claims, especially when the figures seem to demonstrate the
opposite.
